Lebanon News and World News Live from Beirut

Crude prices rose in Asia today after the United States, Britain, France and Germany moved to apply more restrictions and sanctions on Iran over its controversial nuclear programme, analysts said. New York’s main contract, light sweet crude for delivery in November rose 31 cents to USD 92.24 a barrel and Brent North Sea crude for […]

China halved its Iranian crude imports in March compared with a year earlier due to disputes over contract terms, its deepest cut so far this year as Western sanctions complicate Tehran’s oil exports. South Korea cut its imports by 40 percent in March from a year earlier,

A hydrogen explosion Tuesday morning destroyed the outer building of a quake-damaged Unit 2 nuclear reactor at the Fukushima No. 1 power plant. Engineers had been struggling overnight to cool the nuclear core and stave off a meltdown that could release radioactivity over a wide area. It was the third reactor at the site whose […]